Sunday, November 19, 2017

Goldman Sachs says if you thought 2017 was surprisingly good, just wait for 2018

Via Billy

A worker uses a hoist to assemble a car seat at the Lear Corp. manufacturing facility in Hammond, Indiana.

This has been a good year for the global economy, and 2018 will follow that trend, analysts at Goldman Sachs said.

Economic growth around the world has picked up steam this year. Germany — Europe's largest economy — grew an unexpectedly strong 0.8 percent in the third quarter. In Japan, the economy has grown for seven straight quarters. Meanwhile, in the U.S., the economy grew 3 percent in the third quarter.

"2017 is shaping up to be the first year of the expansion in which growth surprises to the upside," Goldman analyst Charles Himmelberg said in a note to clients Thursday. "We expect 2018 to deliver more of the same."

More @ CNBC

2 comments:

  1. Goldman Sachs said this? OK, I do understand what you are telling me - 2018 is when the global economy tanks again! Thanks, I'm now buying non-perishable food, ammunition and what little gold I can afford.

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    Replies
    1. Should have had some long ago. :) You might buy 90% silver dimes which I have They are worth abut $1.25 today.

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